Mexico Industry Output Grows at Fastest Pace in 9 Months

Mexican industrial output rose the most in nine months in June from May, led by manufacturing gains and underscoring solid growth that bodes for steady interest rates in the coming months. Industrial production rose a seasonally adjusted 1.3 percent in June from May, the national statistics agency said on Monday, better than expected in a Reuters poll that saw a 1 percent rise after a dip in May, which was revised to a 0.65 percent slide. Read more: